To The Moon

GameStop Corp. witnessed a remarkable surge of 5.04% in its stock price on Monday, riding on the wave of a bullish earnings outlook and a coveted upgrade to the Zacks Rank #1 rating.The video game retailer's stock price rallied as analysts revised their earnings estimates upwards, reflecting improved confidence in the company's underlying business performance. This positive sentiment was further bolstered by GameStop's elevation to the top 5% of Zacks-covered stocks in terms of estimate revisi

$GameStop(GME)$ reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.CEO Ryan Cohen told inv

Shares for the movie theater company and for the video game retailer fell 21% and 27%, respectively, as of Wednesday afternoon following a revival of meme stock mania that had sent shares of both companies skyrocketing in recent days. Another meme stock, Blackberry, fell 9% on Wednesday. This is amid all-time highs for the market.The leader of the 2021 meme stock frenzy, day trader Keith Gill, known as Roaring Kitty on X and DeepF—ingValue on Reddit, returned to social media on Sunday after a multi-year hiatus. On Monday, Gill’s favorite trade, GameStop, started to climb and reached a peak of $64.83 on Tuesday, up from an intraday high of $20.20 on Friday.“Buy $AMC & $GME, these companies deemed “meme stocks” target the very worst market fraudsters the world has to offer,” one trader wrote on X.

Which fallen growth stock is the better turnaround play?

GameStop Corp.’s stockholders may be enjoying the biggest rally of the year, but not everyone is hap

July 7 (Reuters) - Shares in so-called meme stocks with a following among retail investors lost grou